As it tries to convince Western investors to invest to modernise its economy, Russia has also drawn Chinaís attention. The China Investment Corp (CIC) is in fact eyeing investment opportunities in the Russian Federation.
Russia "has big development potential given its vast market and rich resources," said Lou Jiwei, head of Chinaís US$ 300 billion sovereign wealth fund. "CIC is willing to invest in Russia," he said..............................................Full Article: Source